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Windror Limited is a private company that folows ASPE it is authoriacd to issue an unlimited number of both common and 55 cumulative prefered shares

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Windror Limited is a private company that folows ASPE it is authoriacd to issue an unlimited number of both common and 55 cumulative prefered shares On December 31,2024 , there were 43,400 comman and 1,240 proferred ahares issued. The commen account on Jamuary 1.2024, was $355 a80. During 2024, the company had oroft of $155000 and declared a total of $92000 of dividends of which $69,750 was paid durine the vear. (a) Prepare the stareholders' equity section of the balance sheet on December 31, 2024. ust of Accounts Attempts: D of 2 used Question Part Score (b) Windsor Limited is a private company that follows ASPE. it is authorixed to issee an unlimited number of both common and $5 cumulative preferred shares, On December 31,2024 , there were 43,400 common and 1,240 preferred sharet issued. The comme stares had been issued at an averape per share amount of $10 : the preferred thares at $105. The batance in the Retained Eaming account on Jamuary 1,2024 , was $355,880. During 2024 , the company had profit of $155,000 and declared a fotal of $93,000 of dividends, of which $69.750 was paid during the year. (a) Prepare the shareholders' equity section of the balance sheet an December 31,2024

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